As the retail shopping season nears the finish line, November import volumes confirm a non-existent peak season in the retail sector. According to IHS Markit, TEU (twenty-foot equivalent unit) import volumes were down 9% m/m in November, and unlike prior years, import volumes are slowing rapidly. Since the peak in imports in May this year…
On the final DAT Freight & Analytics iQ show for 2022, Professor Jason Miller discussed the economic outlook for trucking in 2023. Here’s part of the interview with Ken Adamo, Chief of Analytics, and Dean Croke, Principal Market Analyst. Dean Croke: Jason, what trends are you watching as we head into 2023? Jason Miller: So…
On top of the crash in the building market creating a gloomy outlook for flatbed carriers in 2023, news of pine trees dying in significant numbers in Oregon further complicates the Pacific Northwest demand outlook. In addition to being the number one state for producing Christmas Trees, Oregon is also a major supplier of lumber…
Avocados From Mexico are looking to make a touchdown on February 12, 2023. The Super Bowl is the biggest occasion of the year for Avocados from Mexico, with peak-shipping season coinciding with the NFL end-of-season event in Phoenix, AZ. Over the course of a year, U.S. truckload carriers will move around 95,000 truckloads of avocados,…